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- CrowdStrike accepts 'most epic fail' award after outage
CrowdStrike accepts 'most epic fail' award after outage
Plus: Former YouTube CEO Susan Wojcicki dies
Cash Nut
August 12, 2024
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In Today’s Edition
The Hottest Marketing Trend Right Now
CrowdStrike accepts 'most epic fail' award after outage
Tesla stopped selling its entry-level RWD Cybertruck and hiked prices
Slim iPhone 17 model is just a “step toward something better”
ChatGPT's Advanced Voice Mode accidentally mimicked users' voices
621-mph maglev vacuum train "T-Flight" test successful
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🚀Startups Nuts
Mini-games are becoming a popular marketing trend, with companies like LinkedIn, YouTube, Netflix, and Wiz launching engaging games to capture their audiences' attention. These games work because they provide crazy engagement, foster brand love, have viral potential, and offer memorable marketing experiences. To create a successful mini-game, businesses should find a proven game mechanic, make it specific to their audience, design for virality and shareability, and keep it simple.
Other News
Halda Therapeutics, a New Haven, Conn., developer of solid tumor drugs, raised $126m in Series B extension funding
DevRev, a Palo Alto, Calif. customer relationship and product development software provider, raised $100m in Series A funding
Anysphere, a developer of an AI-powered coding assistant, raised $60m in Series A funding
Gaussion, a London developer of EV battery charging tech, raised $12m in Series A funding
🏭Business Nuts
CrowdStrike's president, Michael Sentonas, accepted the 'Most Epic Fail' award at the Pwnie Awards after a recent software update caused a global IT outage. The award ceremony occurred at Def Con, following the Black Hat conference where CrowdStrike had a significant presence and expressed gratitude to the community. Sentonas publicly acknowledged the company's mistake, stating the importance of accountability, and planned to display the trophy at headquarters as a reminder to prevent future errors.
Other News
Tesla stopped selling its entry-level RWD Cybertruck and hiked prices for the other models. Now, the least expensive option is the AWD Cybertruck, priced just shy of $100k.
Lykos Therapeutics almost turned club drugs into a big, legit business, but the FDA rejected its bid to make MDMA (AKA ecstasy, AKA molly) an approved PTSD treatment. Lykos says it’ll continue its research.
Former YouTube CEO Susan Wojcicki dies at age 56 after battling lung cancer; formerly a landlord for Google's cofounders, Wojcicki later led development of AdSense, the technology enabling the company to broker advertisements with millions of customers.
Disney details plans for $60B Experiences investment after disappointing Q3 earnings report; Florida's park to undergo broadest expansion in over 50 years, including "Villains Land" while cruise ship fleet to expand from nine to 13.
📱Tech Nuts
Apple is reportedly planning a slim iPhone model for next year. The iPhone 17 'Air' will have a smaller Dynamic Island, an aluminum chassis, a 6.6-inch display, and a lesser camera setup. It is designed to look much cooler than the standard iPhone without the performance, screen size, or cameras of a Pro model. The new slim model is expected to be a bigger hit than the iPhone 12/13 mini and the iPhone 14/15/16 Plus.
Other News
Perplexity's AI search engine experienced substantial growth, answering 250 million queries last month, signaling a rising demand for AI-driven search technologies. In contrast, 500 million queries were processed throughout 2023, Shevelenko told the Financial Times.
Nvidia's upcoming GB200 server racks will be mainly cooled with liquid circulated in tubes. The company is also working on other cooling technologies, including one that involves dunking entire computers in a non-conductive liquid that absorbs and dissipates heat.
ChatGPT's Advanced Voice Mode accidentally mimicked users' voices without their consent, as highlighted in OpenAI's new GPT-4o system card released on Thursday.
Meta and Universal Music Group (UMG) updated their licensing agreements to extend UMG’s content use across more Meta platforms, now including Threads and WhatsApp alongside Facebook, Instagram, Messenger, and Meta Horizon.
🎁Miscellaneous
The China Aerospace Science and Industry Corporation (CASIC) has successfully tested its ultra-high-speed maglev train under low vacuum conditions. The test showed that all systems were nominal. CASIC plans to run the train at its full 621 mph speed in the second phase of testing, which will require an extended track. There may also be phase 3 tests targeting 2,485 mph.
💡What else are we reading and seeing?
Perceived Age
Rise of the New York Tech Scene
The Rise and Fall (and Rise) of Pixar
9 things in life that don’t actually matter in the long run
AI is mining the sum of human knowledge from Wikipedia. What does that mean for its future?
😎Fun Fact
On this day: IBM personal computer is released (1981)
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